Sovereign Wealth Funds Back Disruptive Venture Capital Investments

Posted on 12/18/2014

Revealed recently was Qatar Investment Authority’s (QIA) investment in San Francisco-based Uber Technologies, an app-based transportation network and taxi company. Joining the QIA as investors were venture capital firms and Chinese search engine Baidu. Uber was formed in 2009 by Travis Kalanick and Garrett Camp. In another venture capital play, the gulf-based sovereign wealth fund…

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